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India’s UPI fee overhaul aims to balance sustainability with free everyday payments

From October 15, India’s National Payments Corporation of India introduces a 0.4% merchant discount rate on high-value merchant transactions, shaping a new era for digital payments that preserves free everyday use while ensuring system sustainability. India’s Unified Payments Interface is…

  • apxadmin
  • September 16, 2026
  • Personal Finance & Wealth

First-time renters face a complex upfront cost landscape beyond monthly rent

A comprehensive approach to initial housing expenses is crucial for first-time renters, highlighting the importance of planning for deposits, utilities, essentials, and ongoing household costs to avoid financial strain. For first-time renters, the rent is only the starting point. The…

  • apxadmin
  • September 16, 2026
  • Economy, Policy and Business

India at a turning point: rethinking growth strategies for an AI-driven future

Chief Economic Adviser Anantha Nageswaran urges India to adapt its development model amid an ‘inflection point’, emphasising AI integration and skill development to sustain future growth beyond 7.8% expansion. India’s economy has reached an “inflection point” that, according to Chief…

  • apxadmin
  • September 16, 2026
  • Markets & Investing

Indonesia cautions against using higher government bond yields as a quick fix for weak demand

Josua Pardede, chief economist at Permata Bank, warns that elevating bond yields is not a sustainable solution for Indonesia’s auction demand issues amid external pressures and market resilience. Indonesia should avoid treating higher government bond yields as a simple cure…

  • apxadmin
  • September 16, 2026
  • Personal Finance & Wealth

India bans charges on small-value UPI and RuPay transactions amid funding debate

The Indian government has formalised a ban on fees for UPI transactions up to Rs 2,000 and RuPay debit card payments, aiming to balance digital payment growth with sustainable funding needs amid ongoing industry debates. India’s government has told banks…

  • apxadmin
  • September 16, 2026
  • Fintech & Digital Money

India's innovative recurring payments landscape evolves with flexible, customer-friendly models

As businesses in India adopt varied recurring billing strategies supported by advanced payment methods, they are enhancing customer control and operational resilience, driven by new tools from providers like PayU and Microsoft. Recurring payments have become a practical way for…

  • apxadmin
  • September 16, 2026
  • Economy, Policy and Business

India’s detailed BRICS initiative aims to deepen economic ties and accelerate sustainable development

India leverages its presidency to introduce a comprehensive plan for BRICS, focusing on strengthening economic integration, sustainable innovation, and social resilience across member states, reshaping the bloc into a proactive development platform. India used its BRICS presidency to put forward…

  • apxadmin
  • September 16, 2026
  • Markets & Investing

Citigroup's optimistic forecast marks a turning point for the semiconductor sector

Citigroup has revised its outlook on the semiconductor industry, citing a potential broader cycle driven by rising demand for CPUs, data centres, and automotive applications, signalling a possible investment rebound after recent declines. Citigroup has turned more constructive on semiconductors,…

  • apxadmin
  • September 16, 2026
  • Tax, Laws & Money Explained

Debt funds edge out fixed deposits after tax reforms, but choice depends on risk and liquidity

Recent tax changes have narrowed the advantage of fixed deposits over debt mutual funds, shifting the focus to risk, liquidity, and investor preferences in choosing where to park ₹10 lakh. For savers weighing where to park ₹10 lakh, the decision…

  • apxadmin
  • September 16, 2026
  • Personal Finance & Wealth

Matching UAE labour contracts and costs key for Indian professionals relocating in 2026

Indian professionals planning to move to the United Arab Emirates need to scrutinise their labour contracts and understand mandatory costs, housing options, and remittance channels to ensure financial stability and compliance amid evolving regulations in 2026. For Indian professionals considering…

  • apxadmin
  • September 16, 2026
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